Академический Документы
Профессиональный Документы
Культура Документы
countries
To analyze the impact of investments done by
both countries
To study the solar energy programs of both the
countries.
To know how international business and policies
impact the countries
Literature Survey
In the world energy scenario, both India and china are going through an
energy
transition. If China has expanded its 2020 target from 1.8 GW to 20 GWthat's more than triple the amount of PV solar power installed in the
entire world during 2008 then India is also not far behind, India has also
started "the most ambitious solar plan that any country has laid out so
far," the National Solar Mission matches China by setting a new target of
20 GW solar capacity by 2020. What's more, India estimates that the
plan could bring the now prohibitive cost of solar down to US $.08-.10
per kWh by 2017-2020, making it cost competitive with fossil fuels.
India's solar plan will meet this cost by levying taxes on gasoline and
diesel, as well as implementing other measures like a feed-in tariff, solar
power purchase obligations, tax breaks for manufacturers, exemptions
on tariffs for imported equipment, and a national renewable energy
standard that mandates a certain percentage of India's power be
generated from solar. And there is the provision that the Indian
government will provide $100 billion in subsidies over 20 years to
utilities for buying solar-generated power..
Though these two countries are on close fight but still the two countries
differ sharply in several respects. Residential energy consumption in
China is twice that in India, in aggregate terms. In addition, Chinese
households have almost universal access to electricity, while in
India almost half of rural households and 10% of urban households still
lack access. On aggregate, urban households in China also derive a
larger share of their total energy from liquid fuels and grids (77%) as
compared to urban Indian households (65%). Yet, at every income
level, Indians derive a slightly larger fraction of their total household
energy needs
from liquid and grid sources of energy than Chinese with comparable
incomes. Despite these differences, trends in energy use and the
factors influencing a transition to modern energy in both nations are
similar. In addition to urbanization, key drivers of the transition in both
nations include income, energy prices, energy access and local fuel
availability.
Indias thirst for natural resources is not comparable to China and its
impressive 7 percent average economic growth is not as high as
Chinas thundering 9 percent.
Type of research design- exploratory research
Data collection- Primary data- it wasnt required nor needed to do
this study
Secondary data- data has been taken from the publications of
Indian external affair ministry, chinas publications, internet and
journals
Problem Statement
I have chosen this project work to do study on international level business
between countries. Here I took china deal with India regarding energy. In the
world energy scenario, both India and china are going through an energy
transition. If China has expanded its 2020 target from 1.8 GW to 20 GW-that's
more than triple the amount of PV solar power installed in the entire world
during 2008 then India is also not far behind, India has also started "the most
ambitious solar plan that any country has laid out so far," the National Solar
Mission matches China by setting a new target of 20 GW solar capacity by
2020.
What's more, India estimates that the plan could bring the nowprohibitive cost
of solar down to US $.08-.10 per kWh by 2017-2020, making it costcompetitive
with fossil fuels. India's solar plan will meet this cost by levying taxes on
gasoline and diesel, as well as implementing other measures like a feed-in
tariff,
solar power purchase obligations, tax breaks for manufacturers, exemptions
on
tariffs for imported equipment, and a national renewable energy standard that
mandates a certain percentage of India's power be generated from solar.
And there is the provision that the Indian government will provide
$100 billion in subsidies over 20 years to utilities for buying
solar-generated power. Though these two countries are on
close fight but still the two countries differ sharply in several
respects. Residential energy consumption in China is twice that
in India, in aggregate terms. In addition, Chinese households
have almost universal access to electricity, while in India
almost half of rural households and 10% of urban households
still lack access. On aggregate, urban households in China also
derive a larger share of their total energy from liquid fuels and
grids (77%) as compared to urban Indian households (65%).
Yet, at every income level, Indians derive a slightly larger
fraction of their total household energy needs from liquid and
grid sources of energy than Chinese with comparable incomes.
Despite these differences, trends in energy use and the factors
influencing a transition to modern energy in both nations are
similar. In addition to urbanization, key drivers of the transition
in both nations include income, energy prices, energy access
and local fuel availability.